Would a downstream inventory transfer at cost have to be eliminated if the subsidiary sold the inventory

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Would a downstream inventory transfer at cost have to be eliminated if the subsidiary sold the inventory in the year of the transfer? Why or why not?

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Advanced Accounting Concepts And Practice

ISBN: 9780324233537

9th Edition

Authors: Arnold J. Pahler

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Question Posted: Jul 08, 2024 02:05 AM

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Would a downstream inventory transfer at cost have to be eliminated if the subsidiary sold the inventory

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Advanced Accounting Concepts And Practice

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